Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 32 contracts
Samples: Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (Auxilium Pharmaceuticals Inc)
Voluntary Termination. The Executive may voluntarily terminate his employment at any time during the Term by delivering to the Company a Notice of Termination 30 days in advance of the date of termination (a “Voluntary Termination”). For purposes of this Agreement, a Voluntary Termination shall not include a termination of the Executive’s employment for any by reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation death or for Good Reason, no further payments but shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued include voluntary termination upon retirement in accordance with the terms Company’s retirement policies. A Voluntary Termination shall not be considered a breach or other violation of any applicable benefit plans and programs of the Companythis Agreement.
Appears in 29 contracts
Samples: Employment Agreement (Orthofix International N V), Employment Agreement (Orthofix International N V), Employment Agreement (Orthofix International N V)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for may be terminated at any reason time by Executive without Good Reason upon 30 thirty (30) days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 28 contracts
Samples: Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.), Employment Agreement (Green Brick Partners, Inc.)
Voluntary Termination. Notwithstanding anything in this Agreement to the contrary, following a Change of Control the Executive may may, upon not less than 30 days' written notice to the Company, voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due (including early retirement under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company's retirement plans as in effect from time to time), provided that any termination by the Executive pursuant to Section 6(d) on account of Good Reason (as defined therein) shall not be treated as a voluntary termination under this Section 6(b).
Appears in 20 contracts
Samples: Employment Continuation Agreement (Baker Michael Corp), Employment Continuation Agreement (Baker Michael Corp), Employment Continuation Agreement (Farr Co)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for may be terminated at any reason time by Executive without Good Reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 18 contracts
Samples: Employment Agreement (Cec Entertainment Inc), Employment Agreement (Cec Entertainment Inc), Employment Agreement (Hospitality Distribution Inc)
Voluntary Termination. The Executive may voluntarily terminate the Executive’s employment for any reason upon 30 thirty (30) days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that the Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the CompanyAccrued Obligations.
Appears in 16 contracts
Samples: Employment Agreement (Covetrus, Inc.), Employment Agreement (Covetrus, Inc.), Employment Agreement (Covetrus, Inc.)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for may be terminated at any reason time by Executive without Good Reason upon 30 calendar days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 15 contracts
Samples: Employment Agreement, Employment Agreement, Employment Agreement (EVERTEC, Inc.)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment the Employment Term upon sixty (60) days' prior written notice for any reason upon 30 days’ prior written notice. In such eventreason; provided, after the effective date of such terminationhowever, except as provided in Section 2.2 with respect to a resignation for Good Reason, that no further payments shall be due under this Agreement, Agreement in that event except that Executive shall be entitled to any benefits accrued in accordance with due under any compensation or benefit plan provided by the terms Company for executives or otherwise outside of any applicable benefit plans and programs of the Companythis Agreement.
Appears in 14 contracts
Samples: Executive Employment Agreement (Xenomics Inc), Executive Employment Agreement (Inform Worldwide Holdings Inc), Executive Employment Agreement (Fermavir Pharmaceuticals, Inc.)
Voluntary Termination. Executive may voluntarily terminate his employment hereunder at any time, effective 90 days after delivery to the Company of Executive’s employment 's signed, written resignation; the Company may accept said resignation and pay Executive in lieu of waiting for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs passage of the Companynotice period.
Appears in 13 contracts
Samples: Employment Agreement (Interface Inc), Employment Agreement (Interface Inc), Employment Agreement (Interface Inc)
Voluntary Termination. Notwithstanding anything in this Agreement to the contrary, following a Change of Control the Executive may may, upon not less than 60 days' written notice to the Company, voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due (including early retirement under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company's retirement plans as in effect from time to time), provided that any termination by the Executive pursuant to Section 6(d) on account of Good Reason (as defined therein) shall not be treated as a voluntary termination under this Section 6(b).
Appears in 12 contracts
Samples: Key Employee Employment Protection Agreement (Mbia Inc), Key Employee Employment Protection Agreement (Mbia Inc), Key Employee Employment Protection Agreement (Mbia Inc)
Voluntary Termination. Notwithstanding anything in this Agreement to the contrary, the Executive may may, upon not less than 15 days' advance written notice to the Company, voluntarily terminate Executive’s employment during the Retention Period for any reason upon 30 days’ prior written notice. In such eventreason, after provided that any termination by the effective date Executive pursuant to Section 6(d) of such termination, except this Agreement on account of Good Reason (as provided in Section 2.2 with respect to defined therein) shall not be treated as a resignation for Good Reason, no further payments shall be due voluntary termination under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the CompanySection 6(b).
Appears in 12 contracts
Samples: Employment Retention Agreement (Arcadia Financial LTD), Employment Retention Agreement (Arcadia Financial LTD), Employment Retention Agreement (Olympic Financial LTD)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason the Employment Term upon 30 sixty (60) days’ prior written notice. In such eventnotice for any reason; provided, after the effective date of such terminationhowever, except as provided in Section 2.2 with respect to a resignation for Good Reason, that no further payments shall be due under this Agreement, Agreement in that event except that Executive shall be entitled to any benefits accrued in accordance with due under any compensation or benefit plan provided by the terms Company for executives or otherwise outside of any applicable benefit plans and programs of the Companythis Agreement.
Appears in 12 contracts
Samples: Executive Employment Agreement (MaryJane Group, Inc.), Executive Employment Agreement (Pladeo Corp.), Executive Employment Agreement (Pladeo Corp.)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason the Employment Term upon 30 days’ ' prior written noticenotice for any reason. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, Agreement except that Executive shall be entitled to any benefits accrued due in accordance with the terms of any applicable benefit plans plan and programs of the Company.
Appears in 12 contracts
Samples: Employment Agreement (Northeast Utilities), Employment Agreement (Connecticut Light & Power Co), Employment Agreement (Northeast Utilities)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for may be terminated at any reason time by Executive without Good Reason upon 30 90 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 12 contracts
Samples: Employment Agreement, Employment Agreement (Affinion Group, Inc.), Employment Agreement (Affinion Group, Inc.)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that the Executive shall be entitled to any amounts earned, accrued and owing but not yet paid under Section 2 above and any benefits accrued in accordance with the terms of and due under any applicable benefit plans and programs of the Company.
Appears in 12 contracts
Samples: Employment Agreement (Barrier Therapeutics Inc), Retention Agreement (Orthovita Inc), Employment Agreement (Barrier Therapeutics Inc)
Voluntary Termination. The Executive may voluntarily terminate his employment at any time during or after the Term by delivering to the Company a Notice of Termination 30 days in advance of the date of termination (a “Voluntary Termination”). For purposes of this Agreement, a Voluntary Termination shall not include a termination of the Executive’s employment for any by reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation death or for Good Reason, no further payments but shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued include voluntary termination upon retirement in accordance with the terms Company’s retirement policies. A Voluntary Termination shall not be considered a breach or other violation of any applicable benefit plans and programs of the Companythis Agreement.
Appears in 11 contracts
Samples: Employment Agreement (InspireMD, Inc.), Employment Agreement (Orthofix International N V), Employment Agreement (Orthofix International N V)
Voluntary Termination. Notwithstanding anything in this Agreement to the contrary, the Executive may voluntarily terminate Executive’s employment during the Employment Period for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due (including early retirement under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company's (or Affiliate's, as applicable) retirement plans as in effect from time to time), upon not less than 60 days' written notice to the Company, provided that any termination by the Executive pursuant to Section 6(d) hereof on account of Good Reason (as defined therein) shall not be treated as a voluntary termination under this Section 6(b).
Appears in 11 contracts
Samples: Employment Continuation Agreement (Metlife Inc), Continuation Agreement (Metlife Inc), Employment Continuation Agreement (Metlife Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment the Employment Term under circumstances that do not comprise Constructive Discharge, upon written notice for any reason upon 30 days’ prior written noticereason, and the Employment Term shall end on the date such notice is given. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued due in accordance with the terms of any applicable benefit plans plan and programs of the Company.
Appears in 10 contracts
Samples: Employment Agreement (National Steel Corp), Employment Agreement (National Steel Corp), Employment Agreement (National Steel Corp)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his/her employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that the Executive shall be entitled to any amounts earned, accrued and owing but not yet paid under Section 2 above and any benefits accrued in accordance with the terms of and due under any applicable benefit plans and programs of the Company.
Appears in 10 contracts
Samples: Severance and Change of Control Agreement (Orthovita Inc), Severance and Change of Control Agreement (Orthovita Inc), Severance and Change of Control Agreement (Orthovita Inc)
Voluntary Termination. The Executive may voluntarily terminate Executive’s employment for his Employment at any reason upon time and without Good Cause with 30 days’ ' prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect notice to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 9 contracts
Samples: Employment Agreement (Innovative Valve Technologies Inc), Employment Agreement (Innovative Valve Technologies Inc), Employment Agreement (Innovative Valve Technologies Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ during the Term of this Agreement by a delivery to Wintrust of a written notice at least 60 days in advance of the termination date. If Executive voluntarily terminates employment prior written notice. In such event, after to the effective date expiration of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under the Term of this Agreement, any and all of Wintrust’s obligations under this Agreement shall terminate immediately except that for Wintrust’s obligations contained in Section 9(a) hereof. Notwithstanding the foregoing, termination of employment shall not affect the obligations of Executive shall be entitled that, pursuant to any benefits accrued the express provisions of this Agreement, continue in accordance with the terms of any applicable benefit plans and programs of the Companyeffect.
Appears in 9 contracts
Samples: Employment Agreement (Wintrust Financial Corp), Employment Agreement (Wintrust Financial Corp), Employment Agreement (Wintrust Financial Corp)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the CompanyAccrued Benefits.
Appears in 9 contracts
Samples: Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (Auxilium Pharmaceuticals Inc)
Voluntary Termination. Upon 30 days prior written notice to the Company (or such shorter period as may be permitted by the Board), the Executive may voluntarily terminate the Executive’s 's employment with the Company for any reason upon 30 days’ prior written noticereason. In such eventIf the Executive voluntarily terminates the Executive's employment pursuant to this Section 4(e), after all obligations of the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments Company hereunder shall be due under this Agreementcease immediately, except that the Executive shall be entitled to any the payments and benefits accrued specified in accordance with the terms of any applicable benefit plans Sections 4(b)(i) and programs of the Company4(b)(iii) hereof.
Appears in 9 contracts
Samples: Employment Agreement (Bone Care International Inc), Employment Agreement (Bone Care International Inc), Employment Agreement (Bone Care International Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment hereunder may be terminated by Executive for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect (other than by Termination Due to a resignation Disability or Death or for Good Reason, no further payments shall be due under this Agreement, except that ) upon Executive shall be entitled to any benefits accrued in accordance providing Company with the terms thirty (30) days’ notice of any applicable benefit plans and programs of the CompanyExecutive’s voluntary termination.
Appears in 8 contracts
Samples: Executive Employment Agreement (Monster Digital, Inc.), Executive Employment Agreement (Monster Digital, Inc.), Executive Employment Agreement (Emmaus Life Sciences, Inc.)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for with the Company at any reason time upon 30 days’ prior written notice. In such eventWithin ten days after the Termination Date, Executive shall receive payment for all accrued salary through the Termination Date and the Earned Benefits, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, which no further payments shall compensation of any kind or severance payment will be due payable under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 8 contracts
Samples: Executive Employment Agreement (ATC Technology CORP), Executive Employment Agreement (ATC Technology CORP), Executive Employment Agreement (ATC Technology CORP)
Voluntary Termination. Executive The Executive, on 30 days prior written notice to the Company, may voluntarily terminate her employment voluntarily. Upon such termination, the Company will pay the Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after compensation through the effective date of such termination. After such date, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that the Executive shall no longer be entitled to receive any compensation, reimbursement or benefits accrued in accordance with the terms of any applicable benefit plans and programs all unvested stock options shall terminate upon termination of the CompanyExecutive’s employment.
Appears in 7 contracts
Samples: Employment Agreement (Imaging Diagnostic Systems Inc /Fl/), Employment Agreement (Imaging Diagnostic Systems Inc /Fl/), Employment Agreement (Imaging Diagnostic Systems Inc /Fl/)
Voluntary Termination. Executive may terminate his employment voluntarily terminate Executive’s employment for at any reason upon 30 days’ prior time by giving the Corporation two weeks written notice. In such eventthe event Executive terminates his employment voluntarily, after the effective date of such termination, except other than as provided in Section 2.2 with respect Subsection 7(e) above, Executive's rights to a resignation for Good Reason, no further payments compensation and benefits shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.as follows:
Appears in 7 contracts
Samples: Employment Agreement (Synthetic Industries Lp), Employment Agreement (Synthetic Industries Inc), Employment Agreement (Synthetic Industries Inc)
Voluntary Termination. Executive may voluntarily terminate The Executive’s employment for any reason upon , on 30 days’ days prior written noticenotice to the Company, may terminate his employment voluntarily. In Upon such eventtermination, after the effective Company will pay the Executive's compensation through the date of such termination. After such date, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that the Executive shall no longer be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Companyreceive compensation, reimbursement, non-vested stock options or benefits.
Appears in 7 contracts
Samples: Employment Agreement (Imaging Diagnostic Systems Inc /Fl/), Employment Agreement (Imaging Diagnostic Systems Inc /Fl/), Employment Agreement (Imaging Diagnostic Systems Inc /Fl/)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for may be terminated at any reason time by Executive without Good Reason upon 30 ninety (90) days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 7 contracts
Samples: Employment Agreement, Employment Agreement (Affinion Group Holdings, Inc.), Employment Agreement (Affinion Group Holdings, Inc.)
Voluntary Termination. The Executive may voluntarily terminate Executive’s employment for his Employment at any reason upon 30 time and without Good Cause with 90 days’ ' prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect notice to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 7 contracts
Samples: Executive Employment Agreement (First Cash Financial Services Inc), Employment Agreement (First Cash Financial Services Inc), Employment Agreement (First Cash Financial Services Inc)
Voluntary Termination. Prior to any other termination of this Agreement, the Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ may, on thirty (30) day's prior written noticenotice to the Company given at any time, terminate his employment with the Company. In Upon any such eventtermination, after the effective Company shall pay the Executive his Base Salary at such time pursuant to Section 3(a) through the date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments termination of employment (which shall be due under this Agreement, except that Executive shall be entitled to include any benefits vested and accrued in accordance with the terms of any applicable benefit plans and programs of the Companybut unused vacation time).
Appears in 6 contracts
Samples: Employment Agreement (RMS Titanic Inc), Employment Agreement (Premier Exhibitions, Inc.), Employment Agreement (RMS Titanic Inc)
Voluntary Termination. The Executive may terminate his employment voluntarily terminate Executive’s employment for at any reason upon 30 days’ prior written noticetime by a notice pursuant to Section 9 of this Agreement. In such event, after the effective date event that the Executive voluntarily terminates his employment other than by reason of such termination, except as provided in Section 2.2 with respect to any of the actions that constitute a resignation for Good ReasonReason (“Voluntary Termination”), the Company shall only be obligated to pay to the Executive (i) the Accrued Compensation, and (ii) any awarded, but unpaid, Annual Performance Bonuses for previously completed Performance Periods, and the Company shall have no further payments shall be due obligation to the Executive under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 6 contracts
Samples: Employment Agreement (US Federal Properties Trust Inc.), Employment Agreement (US Federal Properties Trust Inc.), Employment Agreement (US Federal Properties Trust Inc.)
Voluntary Termination. Upon thirty (30) days prior written notice, either the Executive or the Company may voluntarily terminate the Executive’s 's employment for hereunder at any reason upon 30 days’ prior written notice. In time; provided, however, in the event of any such eventtermination by the Company, after the effective date of such termination, except as provided Company shall pay to the Executive the amounts set forth in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company9(d) hereof.
Appears in 6 contracts
Samples: Employment Agreement (Pegasus Solutions Inc), Employment Agreement (Pegasus Solutions Inc), Employment Agreement (Pegasus Solutions Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s his employment --------------------- hereunder at any time for any reason upon 30 days’ prior giving the Company written notice, at least ninety (90) days prior to termination of employment. In such event, after the effective date of Upon such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to receive Executive's theretofore unpaid base salary for the period of employment up to the date of termination, but shall not be entitled to any compensation or employment benefits accrued in accordance with pursuant to this Agreement for any period after the terms date of any applicable benefit plans and programs of the Companytermination.
Appears in 6 contracts
Samples: Employment Agreement (Equality Bancorp Inc), Employment Agreement (Equality Bancorp Inc), Employment Agreement (Equality Bancorp Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason the --------------------- Employment Term upon 30 days’ ' prior written noticenotice for any reason. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, Agreement except that Executive shall be entitled to (i) any amounts earned, accrued or owing but not yet paid under Section 1 above, and (ii) any benefits accrued due in accordance with the terms of any applicable benefit plans plan and programs of the Company.
Appears in 6 contracts
Samples: Employment Agreement (Fore Systems Inc /De/), Employment Agreement (Fore Systems Inc /De/), Employment Agreement (Fore Systems Inc /De/)
Voluntary Termination. Executive may voluntarily terminate Executive’s his employment at any time for any a reason upon 30 days’ prior written notice. In such eventother than Constructive Termination, after and the effective date of termination will be the date on which such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of notice is received by the Company. The Company will pay Executive the Accrued Obligations through the date of termination. The Company will have no other obligations to Executive.
Appears in 6 contracts
Samples: Letter Agreement (Ondas Holdings Inc.), Letter Agreement (Ondas Holdings Inc.), Letter Agreement (Ondas Holdings Inc.)
Voluntary Termination. Upon thirty (30) days prior written notice, either the Executive or the Company may voluntarily terminate the Executive’s 's employment for hereunder at any reason upon 30 days’ prior written notice. In time; provided, however, in the event of any such eventtermination by the Company, after the effective date of such termination, except as provided Company shall pay to the Executive the amounts set forth in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company9(c) hereof.
Appears in 6 contracts
Samples: Employment Agreement (Pegasus Solutions Inc), Employment Agreement (Pegasus Solutions Inc), Employment Agreement (Pegasus Systems Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s 's employment for any reason upon 30 days’ ' prior written notice. In such event, after the effective date of such termination, except as provided in Section Sections 2.1 and 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued as of the employment termination date in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 6 contracts
Samples: Employment Agreement (NxStage Medical, Inc.), Employment Agreement (NxStage Medical, Inc.), Employment Agreement (NxStage Medical, Inc.)
Voluntary Termination. Executive may voluntarily terminate Executive’s his employment for any reason upon 30 thirty (30) days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 2.1 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued due in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 6 contracts
Samples: Employment Agreement (First Potomac Realty Trust), Employment Agreement (First Potomac Realty Trust), Employment Agreement (First Potomac Realty Trust)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for In addition to any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as other rights or remedies provided by law or in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that from and after the date hereof, Executive shall be entitled may terminate his employment hereunder by giving the Company written notice to any benefits accrued in accordance with such effect at least ninety (90) days prior to the terms date of any applicable benefit plans and programs of the Companytermination set forth therein.
Appears in 5 contracts
Samples: Employment Agreement (Real Brands, Inc.), Employment Agreement (Worlds Inc), Employment Agreement (Worlds Inc)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his employment with the Company prior to the end of the Employment Period for any reason upon 30 days’ reason. If the Executive voluntarily terminates his employment pursuant to this Section 4(e), the Executive shall give the Company 12 months prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive notice and shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans payments specified by Sections 4(c)(iv)(A) and programs of the Company(B).
Appears in 5 contracts
Samples: Employment Agreement (Aon Corp), Employment Agreement (Aon Corp), Employment Agreement (Aon Corp)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ during the Term of this Agreement by a delivery to Employer of a written notice at least 60 days in advance of the termination date. If Executive voluntarily terminates employment prior written notice. In such event, after to the effective date expiration of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under the Term of this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs all of the CompanyEmployer’s obligations under this Agreement shall terminate immediately except for the Employer’s obligations contained in Section 9(a) hereof. Notwithstanding the foregoing, termination of employment shall not affect the obligations of Executive that, pursuant to the express provisions of this Agreement, continue in effect.
Appears in 5 contracts
Samples: Employment Agreement (Wintrust Financial Corp), Employment Agreement (Wintrust Financial Corp), Employment Agreement (Wintrust Financial Corp)
Voluntary Termination. Upon thirty (30) days prior written notice, either the Executive or the Company may voluntarily terminate the Executive’s 's employment for hereunder at any reason upon 30 days’ prior written notice. In time; provided, however, in the event of any such eventtermination by the Company, after the effective date of such termination, except as provided Company shall pay to the Executive the amounts set forth in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company8(d) hereof.
Appears in 5 contracts
Samples: Employment Agreement (Pegasus Solutions Inc), Employment Agreement (Pegasus Solutions Inc), Employment Agreement (Pegasus Solutions Inc)
Voluntary Termination. Notwithstanding anything to the contrary in this Agreement, whether express or implied, Executive may voluntarily terminate at any time Terminate Executive’s employment for any reason upon 30 days’ by giving the Company fourteen (14) days prior written notice. In such event, after notice of the effective date of such terminationTermination. In the event that Executive voluntarily Terminates employment with the Company (except for Good Reason within two (2) years after a Change in Control of Health Net, except Inc., as provided described in Section 2.2 with respect to a resignation for Good Reason9(B) hereof), no further payments shall be due under this Agreement, except that then Executive shall not be entitled eligible to receive any benefits accrued payments or continuation of Benefits set forth in accordance with the terms of any applicable benefit plans and programs of the Companythis Section 9.
Appears in 5 contracts
Samples: Employment Agreement (Health Net Inc), Employment Agreement (Health Net Inc), Employment Agreement (Health Net Inc)
Voluntary Termination. Executive may voluntarily terminate Thirty (30) days following Executive’s written notice to the Company of voluntary termination of employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation other than for Good Reason; provided, however, that the Company may suspend, with no further payments shall be due under this Agreementreduction in pay or benefits (including, except that without limitation, bonuses, options and vesting), Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans from his duties as set forth herein (including, without limitation, Executive’s position as a representative and programs agent of the Company) until the 30th day following Notice of Voluntary termination) (termination pursuant to this Section 6.3 being referred to herein as “Voluntary” termination).
Appears in 5 contracts
Samples: Restricted Stock Agreement (Itec Environmental Group Inc), Employment Agreement (Itec Environmental Group Inc), Employment Agreement (Itec Environmental Group Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s his employment for any reason upon 30 sixty (60) days’ prior written noticenotice or by sending a notice of non-renewal of this Agreement to the Company, as described in Section 1.1. In any such event, after the effective date of such termination, except as provided in Section 2.2 2.1 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued and due in accordance with the terms and conditions of any applicable benefit plans and programs of the CompanyCompany in which Executive participated prior to his termination of employment.
Appears in 5 contracts
Samples: Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust)
Voluntary Termination. Notwithstanding anything to the contrary in this Agreement, whether express or implied, Executive may voluntarily at any time terminate Executive’s employment for any reason upon 30 days’ by giving the Company fourteen (14) days prior written notice. In such event, after notice of the effective date of such termination, . In the event that Executive voluntarily terminates employment with the Company (except as provided in Section 2.2 with respect to a resignation for Good ReasonReason within two (2) years after a Change in Control of Health Net, no further payments shall be due under this AgreementInc.), except that then Executive shall not be entitled eligible to receive any benefits accrued payments or continuation of Benefits set forth in accordance with the terms of any applicable benefit plans and programs of the Companythis Section 9).
Appears in 5 contracts
Samples: Employment Agreement, Employment Agreement (Health Net Inc), Employment Agreement (Health Net Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s his employment for any reason upon 30 sixty (60) days’ prior written noticenotice or by sending a notice of non-renewal of this Agreement to the Company, as described in Section 1.1. In any such event, after the effective date of such termination, except as provided in Section 2.2 2.1 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any amounts earned, accrued and owing to Executive but not yet paid under Section 1 and any benefits accrued and due in accordance with the terms and conditions of any applicable benefit plans and programs of the CompanyCompany in which Executive participated prior to his termination of employment.
Appears in 5 contracts
Samples: Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section Sections 2.1 and 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued as of the employment termination date in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 5 contracts
Samples: Employment Agreement (NxStage Medical, Inc.), Employment Agreement (NxStage Medical, Inc.), Employment Agreement (NxStage Medical, Inc.)
Voluntary Termination. Executive may voluntarily terminate Executive’s his employment for any reason upon 30 sixty (60) days’ prior written noticenotice or by sending a notice of non-renewal of this Agreement to the Company, as described in Section 1.1. In any such event, after the effective date of such termination, except as provided in Section 2.2 2.1 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with receive the terms of any applicable benefit plans and programs of the CompanyAccrued Benefits.
Appears in 5 contracts
Samples: Employment Agreement (Independence Realty Trust, Inc.), Employment Agreement (Independence Realty Trust, Inc), Employment Agreement (Independence Realty Trust, Inc)
Voluntary Termination. The Executive may voluntarily terminate Executive’s employment for with the Company at any reason time in Executive’s sole and absolute discretion upon 30 days’ prior giving at least sixty (60) days advance written noticenotice to such effect to the Company (a “Voluntary Termination”). In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation event the Executive’s employment is terminated during the Term by the Executive’s Voluntary Termination (other than termination by the Executive for Good Reason), no further payments shall be due under this Agreement, except that then the Executive shall be entitled only to any benefits accrued in accordance with receive Executive’s Base Salary payable through the terms date of any applicable benefit plans and programs of the Companysuch Voluntary Termination.
Appears in 5 contracts
Samples: Employment Agreement (Lovesac Co), Employment Agreement (Lovesac Co), Employment Agreement (Lovesac Co)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his employment for at any reason time upon 30 days’ prior written delivery to the Company of a notice to terminate the Services on a day not less than 60 days after delivery of the notice. In such eventcase, after the effective date Services will terminate at the expiration of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company60-day or longer period.
Appears in 5 contracts
Samples: Executive Employment Agreement (Glamis Gold LTD), Executive Employment Agreement (Glamis Gold LTD), Executive Employment Agreement (Glamis Gold LTD)
Voluntary Termination. If Executive may voluntarily terminate Executive’s terminates employment for any reason upon 30 days’ with Company without Good Reason, Executive agrees to provide the Company with thirty (30) days prior written notice. In such eventThe Company, after the effective date in its sole discretion, following its receipt of such termination, except as provided in Section 2.2 with respect written notice from Executive may accelerate the termination of Executive’s employment and the right to any further compensation to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled date prior to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the CompanyThirtieth (30th) day after such written notice is given.
Appears in 4 contracts
Samples: Employment Agreement (Pomeroy It Solutions Inc), Employment Agreement (Pomeroy It Solutions Inc), Employment Agreement (Pomeroy It Solutions Inc)
Voluntary Termination. Prior to the termination of this Agreement, the Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ may, on sixty days prior written noticenotice to the Company, at any time terminate his employment. In Upon any such eventtermination, after the effective Company shall pay the Executive his Base Salary at such time pursuant to Section 3(a) through the date of such terminationtermination of employment (which shall include any vested and accrued, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Companybut unused vacation time).
Appears in 4 contracts
Samples: Employment Agreement (Medical Technology Systems Inc /De/), Employment Agreement (Medical Technology Systems Inc /De/), Employment Agreement (Medical Technology Systems Inc /De/)
Voluntary Termination. Executive may voluntarily terminate Executive’s his employment for with --------------------- the Company at any reason time upon 30 sixty (60) days’ ' prior written noticenotice to the Company. In such event, after the effective date of such termination, except Except as otherwise provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that rights and benefits of the Executive shall be entitled to any benefits accrued in accordance with or his transferee under the terms of any applicable benefit plans and programs of the CompanyCompany shall be determined in accordance with the provisions of such plans and programs.
Appears in 4 contracts
Samples: Employment Agreement (Hanger Orthopedic Group Inc), Employment Agreement (Hanger Orthopedic Group Inc), Employment Agreement (Hanger Orthopedic Group Inc)
Voluntary Termination. The Executive may voluntarily terminate the Executive’s employment for any reason without Good Reason and upon 30 90 days’ prior written notice, and such termination shall not be deemed to be a breach of this Agreement. In such event, after the effective date The Company in its discretion may waive all or a portion of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company90-day notice period.
Appears in 4 contracts
Samples: Employment Agreement (Primerica, Inc.), Employment Agreement (Primerica, Inc.), Employment Agreement (Primerica, Inc.)
Voluntary Termination. Upon 60 days prior written notice to the Company (or such shorter period as may be permitted by the Board), the Executive may voluntarily terminate the Executives employment with the Company for any reason. If the Executive voluntarily terminates the Executive’s employment for any reason upon 30 days’ prior written notice. In such eventpursuant to this Section 4(e), after all obligations of the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments Company hereunder shall be due under this Agreementcease immediately, except that the Executive shall be entitled to the payments specified in Sections 4(b)(i) and 4(b)(ii) hereof and shall be entitled to retain any benefits accrued in accordance with vested and unexercised Options for a period of ninety (90) days following the terms date of any applicable benefit plans and programs of the Companyresignation.
Appears in 4 contracts
Samples: Employment Agreement (Whitehall Jewelers Holdings, Inc.), Employment Agreement (BTHC VII Inc), Employment Agreement (BTHC VII Inc)
Voluntary Termination. Notwithstanding anything to the contrary in this Agreement, whether express or implied, Executive may voluntarily terminate at any time Terminate Executive’s employment for any reason upon 30 days’ by giving the Company fourteen (14) days prior written notice. In such event, after notice of the effective date of such terminationTermination. In the event that Executive voluntarily Terminates employment with the Company (except for Good Reason within two (2) years after a Change in Control of Health Net, except Inc., as provided described in Section 2.2 with respect to a resignation for Good Reason9(B) hereof), no further payments shall be due under this Agreement, except that then Executive shall not be entitled eligible to receive any benefits accrued payments or continuation of Benefits set forth in accordance with the terms of any applicable benefit plans and programs of the Companythis Section 9).
Appears in 4 contracts
Samples: Employment Agreement, Employment Agreement (Health Net Inc), Employment Agreement (Health Net Inc)
Voluntary Termination. Executive may voluntarily terminate his employment hereunder at any time by giving the Company a written Notice of Termination at least 60 days prior to such termination; provided that the Board may, in its sole discretion, terminate Executive’s employment for any reason upon 30 days’ hereunder prior written noticeto the expiration of the 60-day notice period. In such event, after event and upon the effective date expiration of such termination60-day period (or such shorter time as the Board in its sole discretion may determine), except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments Executive’s employment hereunder shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans immediately and programs of the Companyautomatically terminate.
Appears in 4 contracts
Samples: Employment Agreement (Emtec Inc/Nj), Employment Agreement (Emtec Inc/Nj), Employment Agreement (Emtec Inc/Nj)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment with the Company at any time, for any reason upon whatsoever, by giving the Company a Notice of Termination, which termination shall be effective on the sooner of (i) 30 days’ prior written notice. In such event, days after the effective date delivery of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms Notice of any applicable benefit plans and programs of Termination or (ii) the Company’s notice to the Executive that it has accepted the Notice of Termination delivered by the Executive.
Appears in 4 contracts
Samples: Employment Agreement (Save the World Air Inc), Employment Agreement (Save the World Air Inc), Employment Agreement (Save the World Air Inc)
Voluntary Termination. Executive may voluntarily otherwise terminate Executive’s his employment for any reason without Good Reason upon 30 days’ prior days written notice. In such event, after in which case Executive (or his estate or representative, as applicable) shall be paid (A) any unpaid portion of his Base Salary on a pro rata basis through the effective date of such the termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to and (B) any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Companyunreimbursed expenses.
Appears in 4 contracts
Samples: Employment Agreement (Inovio Biomedical Corp), Employment Agreement (Inovio Biomedical Corp), Employment Agreement (Inovio Biomedical Corp)
Voluntary Termination. Executive may voluntarily shall have the right to terminate Executive’s employment for with the Company in a voluntary termination at any reason time upon 30 thirty days’ prior written notice. In such eventA voluntary termination shall mean a termination of employment by Executive on Executive’s own initiative, after other than a termination due to Disability or for Good Reason. Executive’s voluntary termination shall have the effective date of such termination, except same consequences as provided in Section 2.2 with respect to 5(c) for a resignation termination for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the CompanyCause.
Appears in 4 contracts
Samples: Employment Agreement (JELD-WEN Holding, Inc.), Employment Agreement (JELD-WEN Holding, Inc.), Employment Agreement (JELD-WEN Holding, Inc.)
Voluntary Termination. Upon 60 days prior written notice to the Company (or such shorter period as may be permitted by the Board), the Executive may voluntarily terminate the Executive’s employment with the Company for any reason upon 30 days’ prior written noticereason. In such eventIf the Executive voluntarily terminates the Executive’s employment pursuant to this Section 4(e), after the effective date of such termination, except as provided in Section 2.2 with respect Executive’s entitlement to a resignation for Good Reason, no further payments compensation and benefits shall be due under this Agreementcease immediately, except that the Executive shall be entitled to any the payments and benefits accrued specified in accordance with the terms of any applicable benefit plans Sections 4(b)(i) and programs of the Company4(b)(iv) hereof.
Appears in 3 contracts
Samples: Employment Agreement (Aon PLC), Employment Agreement (Aon Corp), Change in Control Agreement (Aon Corp)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his employment for under this Agreement at any reason upon 30 time by providing at least 60 days’ ' prior written noticenotice to the Company. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any receive his Base Salary until the date his employment terminates and all other benefits accrued in accordance with the terms of any applicable Executive may have under the employee and/or group or senior executive benefit plans and programs of the Company, generally, shall be determined in accordance with the terms and conditions of such plans and programs.
Appears in 3 contracts
Samples: Employment Agreement (Hollywood Theaters Inc), Employment Agreement (Hollywood Theaters Inc), Employment Agreement (Hollywood Theaters Inc)
Voluntary Termination. The Executive may terminate his employment voluntarily terminate Executive’s employment for at any reason upon 30 days’ prior written noticetime by a notice pursuant to Section 9 of this Agreement. In such eventthe event that the Executive voluntarily terminates his employment other than by reason of any of the actions that constitute Involuntary Termination (“Voluntary Termination”), after the effective date Corporation shall only be obligated to the Executive for the amount of such terminationthe Accrued Compensation and to provide the Post-Employment Health Benefit, except as provided in Section 2.2 with respect to a resignation for Good Reason, and the Corporation shall have no further payments shall be due obligation to the Executive under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 3 contracts
Samples: Employment Agreement (Mb Financial Inc /Md), Employment Agreement (Mb Financial Inc /Md), Employment Agreement (Mb Financial Inc /Md)
Voluntary Termination. Executive may voluntarily terminate Executive’s his employment for any reason upon 30 days’ ' prior written noticenotice provided the Executive is not otherwise in breach of this Agreement. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that as provided in Section 3.3 above. Executive shall be entitled to any benefits accrued due in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 3 contracts
Samples: Employment Agreement (Med-Design Corp), Employment Agreement (Med-Design Corp), Employment Agreement (Med-Design Corp)
Voluntary Termination. If the Executive may voluntarily terminate Executive’s terminates employment for any reason upon 30 days’ prior written notice. In such eventduring the Term, after the effective date of such termination, except as provided in Section 2.2 with respect to excluding a resignation termination for Good Reason, no this Agreement shall terminate without further payments obligations to the Executive, other than for Accrued Obligations and the timely payment or provision of Other Benefits. In such case, all Accrued Obligations shall be due under this Agreement, except that paid to the Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs a lump sum in cash within 30 days of the CompanyDate of Termination.
Appears in 3 contracts
Samples: Employment Agreement (Alpine Group Inc /De/), Employment Agreement (Superior Telecom Inc), Employment Agreement (Superior Telecom Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason the Employment Term upon 30 sixty (60) days’ prior written notice. In such eventnotice for any reason; provided, after the effective date of such terminationhowever, except as provided in Section 2.2 with respect to a resignation for Good Reason, that no further payments shall be due under this AgreementAgreement in that event other than any salary earned but not paid, except that bonus awarded but not yet paid or any other amount owed to the Executive by the Company as of the date of termination but not paid. Executive shall also be entitled to any benefits accrued in accordance with due under any compensation or benefit plan provided by the terms Company (if any) for executives or otherwise outside of any applicable benefit plans and programs of the Companythis Agreement.
Appears in 3 contracts
Samples: Executive Employment Agreement (Wolfe Creek Mining Inc), Executive Employment Agreement (Wolfe Creek Mining Inc), Executive Employment Agreement (Wolfe Creek Mining Inc)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his employment for any reason at any time upon 30 days’ ninety (90) days prior written noticenotice to the Company. In such eventIf the Executive voluntarily terminates his employment prior to the term hereunder, after he shall only be entitled to receive compensation accrued through the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments termination and shall be due under this Agreement, except that Executive shall not be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Companyprorated amounts for vacation pay.
Appears in 3 contracts
Samples: Employment Agreement (Corniche Group Inc /De), Agreement (Corniche Group Inc /De), Employment Agreement (Corniche Group Inc /De)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason upon 30 shall give Employer not less than sixty (60) days’ prior written notice. In such event, after the effective date notice of such termination, except as provided in Section 2.2 with respect his intention voluntarily to a resignation terminate his employment by Employer other than for Good Reason. If Executive terminates his employment on his own initiative without Good Reason and under circumstances other than (i) a termination due to death, no further payments shall be (ii) a termination due under this Agreementto Retirement, except that or (iii) an Expiration of the Term due to Non-Renewal, then Executive shall upon such termination (“Voluntary Termination”), will only be entitled to any benefits accrued in accordance with receive the terms of any applicable benefit plans and programs of the Company.following:
Appears in 3 contracts
Samples: Employment Agreement (Enterprise Bancorp Inc /Ma/), Employment Agreement (Enterprise Bancorp Inc /Ma/), Employment Agreement (Enterprise Bancorp Inc /Ma/)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason the Employment Term upon 30 thirty (30) days’ prior written notice. In such eventnotice for any reason; provided, after the effective date of such terminationhowever, except as provided in Section 2.2 with respect to a resignation for Good Reason, that no further payments shall be due under this Agreement, Agreement in that event except that Executive shall be entitled to any benefits accrued in accordance with due under any compensation or benefit plan provided by the terms Company for executives or otherwise outside of any applicable benefit plans and programs of the Companythis Agreement.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Omnireliant Holdings, Inc.), Executive Employment Agreement (Abazias Inc), Executive Employment Agreement (Abazias Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments (other than Base Salary accrued through the date of termination) shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 3 contracts
Samples: Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (Auxilium Pharmaceuticals Inc)
Voluntary Termination. The Executive may voluntarily terminate Executive’s employment for at any reason upon 30 days’ prior time by giving the Company one (1) month's advance written notice. In such event, after the effective date notice of such termination. In this event, except as provided in Section 2.2 with respect the Company will pay the salary and benefits to a resignation for Good Reasonwhich the Executive is entitled through the end of the notice period, no further payments shall be due and thereafter the Company's obligations under this Agreement, except that Agreement will cease. The Executive shall will not be entitled to any benefits accrued annual incentive or long term incentive grant for the year in accordance with the terms of any applicable benefit plans and programs of the Companywhich he terminates his employment.
Appears in 3 contracts
Samples: Employment Agreement (Koo Koo Roo Entertprises Inc), Employment Agreement (Koo Koo Roo Entertprises Inc), Employment Agreement (Koo Koo Roo Entertprises Inc)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that the Executive shall be entitled to any benefits accrued and due in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 3 contracts
Samples: Employment Agreement (Internet Capital Group Inc), Employment Agreement (Internet Capital Group Inc), Employment Agreement (Internet Capital Group Inc)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his or her employment for hereunder at any reason upon 30 time by providing ninety (90) days’ prior ' written noticenotice of termination to the Company. In such eventaddition, after the effective date Company may voluntarily terminate the Executive's employment hereunder without Cause at any time by providing ninety (90) days' written notice of such termination, except as provided in Section 2.2 with respect termination to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the CompanyExecutive.
Appears in 3 contracts
Samples: Executive Employment Agreement (Exide Corp), Executive Employment Agreement (Exide Corp), Executive Employment Agreement (Exide Corp)
Voluntary Termination. In the event of a termination of employment by Executive on his own initiative, which termination may voluntarily terminate Executive’s employment for any reason upon be effective only 30 days’ prior business days after delivery to the Company of advance written notice. In such event, after the effective date notice of such termination, except as provided in Section 2.2 with respect other than a termination due to a resignation death or Disability, or by Executive for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans receive only his Accrued Amounts and programs of the CompanyEntitlements.
Appears in 3 contracts
Samples: Employment Agreement (CRM Holdings, Ltd.), Employment Agreement (CRM Holdings, Ltd.), Employment Agreement (CRM Holdings, Ltd.)
Voluntary Termination. Executive may terminate his employment --------------------- voluntarily terminate Executive’s employment for at any reason upon 30 days’ prior time by giving the Corporation two weeks written notice. In such eventthe event Executive terminates his employment voluntarily, after the effective date of such termination, except other than as provided in Section 2.2 with respect Subsection 7(e) above, Executive's rights to a resignation for Good Reason, no further payments compensation and benefits shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.as follows:
Appears in 3 contracts
Samples: Employment Agreement (Sind Acquisition Inc), Employment Agreement (Sind Acquisition Inc), Employment Agreement (Sind Acquisition Inc)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his employment for any reason with the Company upon 30 days’ days prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments Company shall be due released from any and all further obligations under this Agreement, except that that, so long as the Executive shall be entitled continues to any benefits accrued perform his duties in accordance with this Agreement, the terms Company shall be obligated to pay the Executive the Salary, Benefits and reimbursable expenses owing to the Executive through the date of any applicable benefit plans and programs such termination (such period not to exceed 30 days from the date of the Companynotice).
Appears in 3 contracts
Samples: Employment Agreement (Houston American Energy Corp), Employment Agreement (Saratoga Resources Inc /Tx), Employment Agreement (Saratoga Resources Inc /Tx)
Voluntary Termination. The Executive may voluntarily terminate his employment hereunder at any time by giving the Company prior written Notice of Termination at least 90 days prior to such termination; provided that the Board may, in its sole discretion, terminate the Executive’s employment for any reason upon 30 days’ hereunder prior written noticeto the expiration of the 90-day notice period. In such event, after event and upon the effective date expiration of such termination90-day period (or such shorter time as the Board in its sole discretion may determine), except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments the Executive’s employment hereunder shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans immediately and programs of the Companyautomatically terminate.
Appears in 3 contracts
Samples: Employment Agreement (Emtec Inc/Nj), Employment Agreement (Emtec Inc/Nj), Employment Agreement (Emtec Inc/Nj)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his employment for and this Agreement at any reason upon 30 days’ prior time by giving written noticenotice to the Company at least 60 days before the desired termination date. In such event, after the effective Executive will continue to provide services to the Company until the desired termination date, he will be compensated for his services in the ordinary course until the termination date of such termination, except as provided in Section 2.2 with respect pursuant to a resignation for Good Reason, no further payments shall be due under this Agreement, except that and he will work with the Company until such termination date to find an appropriate successor. The Executive shall will also be entitled to any the additional benefits accrued described in accordance with the terms of any applicable benefit plans and programs of the Companythis Section 4G (“Severance Benefits”).
Appears in 3 contracts
Samples: Employment Agreement, Employment Agreement (Athenex, Inc.), Employment Agreement (Athenex, Inc.)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his employment for under this Agreement at any reason upon 30 time by providing at least 90 days’ ' prior written noticenotice to the Company. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any receive his Base Salary until the date his employment terminates and all other rights and benefits accrued in accordance with the terms of any applicable Executive may have under the employee and/or group or executive benefit plans and programs of the Company, generally, shall be determined in accordance with the terms and conditions of such plans and programs.
Appears in 3 contracts
Samples: Employment Agreement (Home Stake Oil & Gas Co), Employment Agreement (Home Stake Oil & Gas Co), Employment Agreement (Home Stake Oil & Gas Co)
Voluntary Termination. If the Executive may voluntarily terminate Executive’s terminates employment for any reason upon 30 days’ prior written notice. In such eventduring the Employment Agreement Period, after excluding a termination by the effective date of such termination, except as provided in Section 2.2 with respect to a resignation Executive for Good Reason, no this Agreement shall terminate without further payments obligations to the Executive, other than for Accrued Obligations and the timely payment or provision of Other Benefits. In such case, all Accrued Obligations shall be due under this Agreement, except paid to the Executive in a lump sum in cash on the date that Executive shall be entitled to any benefits accrued in accordance with is thirty (30) days after the terms Date of any applicable benefit plans and programs of the CompanyTermination.
Appears in 3 contracts
Samples: Employment Agreement (National Oilwell Varco Inc), Employment Agreement (National Oilwell Varco Inc), Employment Agreement (National Oilwell Varco Inc)
Voluntary Termination. During the Term, the Executive may voluntarily terminate his employment upon not less than thirty (30) days written notice to Myriad; provided, that Myriad may accelerate the Executive’s employment for termination date to the date on which the Executive gives Myriad notice of termination or on any reason upon 30 days’ prior written notice. In such event, after date between the effective date of such terminationnotice and the termination date stated in such notice. Notwithstanding any such acceleration, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall continue to be entitled paid his Base Salary pursuant to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the CompanyAgreement for the full thirty (30) day period following such written notice.
Appears in 3 contracts
Samples: Employment Agreement (Myriad Entertainment & Resorts, Inc.), Employment Agreement (Myriad Entertainment & Resorts, Inc.), Employment Agreement (Myriad Entertainment & Resorts, Inc.)
Voluntary Termination. Executive The Executive, on 30 days prior written notice to the Company, may voluntarily terminate his employment voluntarily. Upon such termination, the Company will pay the Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after compensation through the effective date of such termination. After such date, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that the Executive shall no longer be entitled to receive any compensation, reimbursement or benefits accrued in accordance with the terms of any applicable benefit plans and programs all unvested stock options shall terminate upon termination of the CompanyExecutive’s employment.
Appears in 3 contracts
Samples: Employment Agreement (Imaging Diagnostic Systems Inc /Fl/), Employment Agreement (Imaging Diagnostic Systems Inc /Fl/), Employment Agreement (Imaging Diagnostic Systems Inc /Fl/)
Voluntary Termination. Upon 60 days prior written notice to the Company (or such shorter period as may be permitted by the Board), the Executive may voluntarily terminate the Executive’s 's employment with the Company for any reason upon 30 days’ prior written noticereason. In such eventIf the Executive voluntarily terminates the Executive's employment pursuant to this Section 4(e), after all obligations of the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments Company hereunder shall be due under this Agreementcease immediately, except that the Executive shall be entitled to any the payments and benefits accrued specified in accordance with the terms of any applicable benefit plans Sections 4(b)(i) and programs of the Company4(b)(iii) hereof.
Appears in 3 contracts
Samples: Employment Agreement (Whitehall Jewellers Inc), Employment Agreement (Whitehall Jewellers Inc), Employment Agreement (Whitehall Jewellers Inc)
Voluntary Termination. The Executive may voluntarily terminate Executive’s his --------------------- employment for under this Agreement at any reason upon time by providing at least 30 days’ ' prior written noticenotice to the Company. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any receive his Base Salary until the date his employment terminates, and all other benefits accrued in accordance with the terms of any applicable Executive may have under the senior executive, group or employee benefit plans and programs of the Company, generally, shall be determined in accordance with the terms and conditions of such plans and program.
Appears in 2 contracts
Samples: Employment Agreement (Aviva Petroleum Inc /Tx/), Employment Agreement (Aviva Petroleum Inc /Tx/)
Voluntary Termination. Executive may voluntarily terminate the Term and Executive’s employment hereunder (other than as provided under Section 3.5(b)) by giving the Company 60 days advance written notice of such termination. In the event Executive voluntarily terminates his employment for any reason upon 30 days’ prior written notice. In such event, after during the effective date of such termination, except Term (other than as provided in under Section 2.2 with respect 3.5(b)), all payments to a resignation for Good ReasonExecutive under Section 2 shall cease, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms exception of reimbursement of authorized, ordinary and necessary business expenses already incurred, and any applicable benefit plans compensation and programs benefits already earned or vested as of the Companythat date.
Appears in 2 contracts
Samples: Employment Agreement (Omnicare Inc), Employment Agreement (Omnicare Inc)
Voluntary Termination. The Executive may terminate his employment voluntarily terminate Executive’s employment for at any reason upon 30 days’ prior written noticetime by a notice pursuant to Section 9 of this Agreement. In such eventthe event that the Executive voluntarily terminates his employment other than by reason of any of the actions that constitute Involuntary Termination ("Voluntary Termination"), after the effective date Corporation shall only be obligated to the Executive for the amount of such terminationthe Accrued Compensation and to provide the Post-Employment Health Benefit, except as provided in Section 2.2 with respect to a resignation for Good Reason, and the Corporation shall have no further payments shall be due obligation to the Executive under this Agreement, except that Executive shall be entitled . Payments under this Section 7(d) are subject to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the CompanySection 21(b).
Appears in 2 contracts
Samples: Employment Agreement (Mb Financial Inc /Md), Employment Agreement (Mb Financial Inc /Md)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment the --------------------- Employment Term upon 60 days' prior written notice for any reason upon 30 days’ prior written noticereason. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, Agreement except that Executive shall be entitled to any benefits accrued due in accordance with the terms of any applicable benefit plans plan and programs of the Company, including the health coverage described in Section 5.4. A Voluntary Termination under this Section 5.6 shall not be deemed a breach of this Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Waypoint Financial Corp), Employment Agreement (Harris Financial Inc)
Voluntary Termination. Notwithstanding anything to the contrary in this Agreement, whether express or implied, Executive may voluntarily at any time terminate Executive’s employment for any reason upon 30 days’ by giving the Company fourteen (14) days prior written notice. In such event, after notice of the effective date of such termination, . In the event that Executive voluntarily terminates employment with the Company (except as provided in Section 2.2 with respect to a resignation for Good ReasonReason within two (2) years after a Change in Control of Health Net, no further payments shall be due under this AgreementInc.), except that then Executive shall not be entitled eligible to receive any benefits accrued payments or continuation of Benefits set forth in accordance with the terms of any applicable benefit plans and programs of the Companythis Section 10).
Appears in 2 contracts
Samples: Employment Agreement (Health Net Inc), Employment Agreement (Health Net Inc)
Voluntary Termination. Executive may voluntarily terminate the Term and Executive’s employment hereunder (other than as provided under Section 3.5(b)) by giving the Company 60 days advance written notice of such termination. In the event Executive voluntarily terminates his employment for any reason upon 30 days’ prior written notice. In such event, after during the effective date of such termination, except Term (other than as provided in under Section 2.2 with respect 3.5(b)), all payments to a resignation for Good ReasonExecutive under Section 2 shall cease, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms exception of reimbursement of authorized, ordinary and necessary business expenses already incurred, and any applicable benefit plans and programs compensation already earned or vested as of the Companythat date.
Appears in 2 contracts
Samples: Employment Agreement (Omnicare Inc), Employment Agreement (Omnicare Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any compensation any amounts earned, accrued and owing but not yet paid and benefits earned, accrued and due in accordance with the terms of any applicable benefit plans and programs of the CompanyCompany or as required by law.
Appears in 2 contracts
Samples: Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (Auxilium Pharmaceuticals Inc)
Voluntary Termination. Notwithstanding anything to the contrary in this Agreement, whether express or implied, Executive may voluntarily terminate at any time Terminate Executive’s employment for any reason upon 30 days’ by giving the Company fourteen (14) days prior written notice. In such event, after notice of the effective date of such terminationTermination. In the event that Executive voluntarily Terminates employment with the Company (except for Good Reason within two (2) years after a Change in Control of Health Net, except Inc., as provided described in Section 2.2 with respect to a resignation for Good Reason10(B) hereof), no further payments shall be due under this Agreement, except that then Executive shall not be entitled eligible to receive any benefits accrued payments or continuation of Benefits set forth in accordance with the terms of any applicable benefit plans and programs of the Companythis Section 10).
Appears in 2 contracts
Samples: Employment Agreement (Health Net Inc), Separation Agreement (Health Net Inc)
Voluntary Termination. The Executive may voluntarily terminate the Executive’s employment for any reason upon 30 days’ or no reason, with prior written notice. In such eventevent (other than a resignation with Good Reason), after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs of the Company.
Appears in 2 contracts
Samples: Employment Agreement (Shift Technologies, Inc.), Employment Agreement (Shift Technologies, Inc.)
Voluntary Termination. Executive The Executive, on 30 days prior written notice to the Company, may voluntarily terminate his employment voluntarily. Upon such termination, the Company will pay the Executive’s employment for any reason upon 30 days’ prior written notice. In such event, after compensation through the effective date of such termination. After such date, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that the Executive shall no longer be entitled to receive any benefits accrued in accordance with the terms of any applicable benefit plans compensation, reimbursement or benefits, and programs all unvested stock options shall terminate upon termination of the CompanyExecutive’s employment.
Appears in 2 contracts
Samples: Employment Agreement (Imaging Diagnostic Systems Inc /Fl/), Employment Agreement (Imaging Diagnostic Systems Inc /Fl/)
Voluntary Termination. If the Executive may voluntarily terminate Executive’s terminates --------------------- employment for any reason upon 30 days’ prior written notice. In such event, after during the effective date of such termination, except as provided in Section 2.2 with respect to a resignation Employment Period other than for Good Reason, no this Agreement shall terminate without further payments obligations to the Executive other than for Accrued Obligations and the timely payment or provision of Other Benefits. In such case, all amounts due and owing to the Executive pursuant to this Subsection (c) shall be due under this Agreement, except that paid to the Executive shall be entitled to any benefits accrued in accordance with the terms of any applicable benefit plans and programs a lump sum in cash within 30 days of the CompanyDate of Termination.
Appears in 2 contracts
Samples: Employment Agreement (Incyte Genomics Inc), Employment Agreement (Incyte Genomics Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s employment for any reason the Employment Term upon 30 days’ ' prior written noticenotice for any reason. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, Agreement except that Executive shall be entitled to any benefits accrued due in accordance with the terms of any applicable benefit plans plan and programs of the Company. 6.
Appears in 2 contracts
Samples: Employment Agreement (Concord Efs Inc), Employment Agreement (Concord Efs Inc)
Voluntary Termination. Executive may voluntarily terminate Executive’s his employment for any reason upon 30 days’ prior written notice. In such event, after the effective date of such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to any benefits accrued in accordance with the terms Company for a reason that would not qualify as a Good Reason Termination (a “Voluntary Termination”) upon giving the Company not less than thirty (30) days written notice in advance of any applicable benefit plans and programs proposed Date of the CompanyTermination (as defined in Paragraph 4.G.).
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Blockbuster Inc)
Voluntary Termination. The Executive may voluntarily terminate Executive’s employment for at any reason upon 30 days’ prior time by giving the Company one month's advance written notice. In such event, after the effective date notice of such termination. In this event, except as provided in Section 2.2 with respect the Company will pay the salary and benefits to a resignation for Good Reasonwhich the Executive is entitled through the end of the notice period, no further payments shall be due and thereafter the Company's obligations under this Agreement, except that Agreement will cease. The Executive shall will not be entitled to any benefits accrued annual incentive or long term incentive grant (VCU Plan) for the year in accordance with the terms of any applicable benefit plans and programs of the Companywhich he terminates his employment.
Appears in 2 contracts
Samples: Employment Agreement (Family Restaurants), Employment Agreement (Family Restaurants)
Voluntary Termination. Executive may voluntarily terminate Executive’s his employment hereunder at any time for any reason upon 30 days’ prior giving the Company written notice, at least ninety (90) days prior to termination of employment. In such event, after the effective date of Upon such termination, except as provided in Section 2.2 with respect to a resignation for Good Reason, no further payments shall be due under this Agreement, except that Executive shall be entitled to receive Executive's theretofore unpaid base salary for the period of employment up to the date of termination, but shall not be entitled to any compensation or employment benefits accrued in accordance with pursuant to this Agreement for any period after the terms date of any applicable benefit plans and programs of the Companytermination.
Appears in 2 contracts
Samples: Employment Agreement (Midwest Federal Financial Corp), Employment Agreement (Midwest Federal Financial Corp)